According to an official report, Argentina experienced an 88% increase in foreign visitors in May compared to the previous year. A total of 992,500 individuals visited the country, with almost half of them being tourists. The National Institute of Statistics and Censuses (Indec) revealed that 483,600 foreign tourists arrived in Argentina during the fifth month, […]
A Latam flight from Guarulhos to Florianópolis encountered a runway incident upon landing at 9:20 am on Wednesday. The Airbus A321 (PT-MXM) aircraft, carrying 172 passengers and seven crew members, safely disembarked after a medical assessment. The runway sustained damage during the incident, resulting in the closure of runway 14/32 for landings and takeoffs. Zurich […]
Australia’s international strategy must consider the evolving US-China relationship and its implications, writes Michael Keating, former Secretary of the Department of Prime Minister and Cabinet in a recent article in the East Asia Forum. Australian Foreign Minister, Penny Wong, acknowledges that while the United States will remain important, it will no longer dominate Asia. Instead, […]
Brazil's President Lula da Silva has repealed a program initiated by his predecessor, Jair Bolsonaro, that promoted the establishment of "civic-military schools." The decision was made after the Ministry of Education determined that the program lacked effectiveness. Under Bolsonaro's administration, 216 of these schools were opened between 2019 and 2022, with education professionals handling pedagogy […]
In the second quarter of 2023, the Angolan central bank sanctioned both banking and non-banking financial institutions for various infractions, resulting in a total amount of 473.5 million kwanzas (US$575,000) in penalties. The sanctions were imposed due to actions such as providing false information to the supervisory body. The National Bank of Angola (BNA) reported […]
The European Parliament plenary session voted against a veto on the law regarding the restoration of nature. They had support from various political groups including socialists, liberals, greens, and left-wing factions, as well as some members of the “popular” MEPs who had previously expressed opposition. The law received 336 votes in favor, 300 against, and […]
The Southern African Development Community (SADC) has extended its military mission in Cabo Delgado, Mozambique, to continue fighting terrorism. The decision was made during a virtual session of SADC heads of state and government. The mission, called SAMIM, will be extended for 12 months starting from July 16. The main objective of the extension is […]
Bolivia has announced plans to sell gas to Brazil after Argentina reduces its imports in 2024 due to its own gas field development in Vaca Muerta. Armin Dorgathen, President of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), stated that the gas previously sold to Argentina will find a market in Brazil instead. This decision comes as Argentina […]
Finance Minister Fernando Haddad's market approval has soared to 65% in a recent survey conducted by Genial/Quaest. The survey involved 94 professionals from major investment houses in Rio de Janeiro and São Paulo, including managers, economists, analysts, and decision makers. These results indicate a positive assessment of Haddad's performance as part of President Luiz Inácio […]
Tech visionary Elon Musk has unveiled xAI, a newly established artificial intelligence company focused on gaining a deeper understanding of the universe. Musk, known for his involvement in various successful ventures including Tesla and SpaceX, will personally lead the project. The team consists of approximately ten talented individuals with previous experience at reputable organizations such […]
In a recent Venezuelan opposition primaries debate, eight candidates expressed a shared consensus on the need to remove the current government to revive the country’s economy. They agreed that the system imposed for over two decades must be abandoned due to a lack of investor confidence hindering economic stability. The participating candidates included María Corina […]
President Bola Tinubu of Nigeria aims to raise the country’s tax-to-GDP ratio from 10% to 18% this year. To achieve this goal, Tinubu has implemented various reforms, including removing costly petrol subsidies, floating the currency, and increasing taxes. Plans are also underway to reduce subsidies on electricity. However, these policies have disproportionately affected the poor, […]
Brazilian President Luiz Inácio Lula da Silva has stated that his government is open to further discussions with the European Union (EU) regarding the government procurement chapter of the trade agreement between Mercosur and the EU in 2019. Lula emphasized the importance of government procurement in fostering the growth of small and medium-sized enterprises in […]
Honduras’ public external debt has risen to US$9.380 billion between January and May, reflecting a 2.6% increase compared to the previous year, according to data released by the Central Bank of Honduras (BCH). The general government holds the majority share of the debt at 91.3%, followed by the monetary authority at 6.5%, non-financial public companies […]
During Iranian President Ebrahim Raisi’s inaugural visit to Kenya, both Iran and Kenya signed multiple trade agreements, demonstrating their commitment to enhancing bilateral ties. This visit marks the first time an Iranian president has toured Africa in over a decade, highlighting Iran’s pursuit of increased diplomatic support to alleviate its international isolation. President Raisi’s tour […]
Astrotourism is gaining popularity in Brazil with the establishment of the first "dark sky park" in Latin America. Located in the Desengano State Park, this remote village in Rio de Janeiro has minimal light pollution, allowing visitors to witness the breathtaking beauty of the night sky. The park's preserved Atlantic forest and mountainous surroundings contribute […]
Peru emerged as the world’s top exporter of grapes by volume, shipping 71.4 million boxes weighing 8.2 kilograms each during the 2022-2023 season. Despite social crises and the “El Niño Costero” phenomenon, the country witnessed a 10% growth compared to the previous season, as reported by the Peruvian Association of Agricultural Producers (AGAP). The grape-growing […]
The ideological balance in Latin America has witnessed a shift towards center-left politics, although it lacks the robustness seen a decade and a half ago. Recent victories of center-left leaders, such as Gustavo Petro in Colombia and Luiz Inácio Lula da Silva in Brazil, indicate this trend. However, governments that identify as center-left also prioritize […]
England is preparing to launch a two-year trial of a universal basic income (UBI) program, offering participants a monthly sum of £1,600 (US$2,000). The pilot project will involve 30 individuals each month, regardless of their employment status, and will take place in Jarrow and East Finchley. Autonomy, the think tank leading the initiative, estimates that […]
According to the Brazilian Institute of Geography and Statistics (IBGE), the volume of services provided in Brazil increased by 0.9% in May compared to April. This follows a drop of 1.5% in April, which was revised from an initial reported decrease of 1.6%. In comparison to May 2022, the indicator rose by 4.7%. Over the […]
More than 130 countries in the Organization for Economic Cooperation and Development (OECD) have endorsed a global tax plan aimed at ensuring fair taxation for companies based on their operational presence rather than just their headquarters. Out of the 143 countries in the group, only Canada, Belarus, Pakistan, Russia, and Sri Lanka have yet to […]
Russia has emerged as the world’s largest importer of Chinese cars, according to data from the China Association of Automobile Manufacturers (CAAM) and the official Global Times newspaper. In the first five months of 2023, Russia imported approximately 287,000 Chinese cars, surpassing other countries in import volume. The growing presence of Chinese automakers in Russia […]
Thailand’s parliament is preparing to elect a new prime minister on Thursday following the recent general elections. This vote holds great significance as the country has been under a pro-military government for over nine years. The emerging Move Forward Party adds to the importance of this day for Thailand. Incumbent Prime Minister Prayuth Chan-ocha has […]
A recent survey conducted by Genial/Quaest indicates a significant change in the perception of Brazil's economic policy. In May, only 10% of the financial market believed the policy was headed in the right direction. However, in June, this number increased to 47%. Conversely, the proportion of those who thought the policy was heading in the […]
According to a recent survey conducted by Genial/Quaest, a significant majority of the market believes that former President Jair Bolsonaro (PL, right) should endorse the governor of São Paulo, Tarcísio de Freitas (Republicans, right), if Bolsonaro is unable to run for the Presidency in 2026. The survey, published on July 12, indicates that this sentiment […]